De Ene Kous: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
De Ene Kous
Largest movements
- Tangible fixed assets -€330,849
down €330,849 (-21.2%), from €1.6m to €1.2m
- Receivables after one year +€305,723
up €305,723 (+316%), from €96,887 to €402,610
- Receivables within one year -€216,066
down €216,066 (-33.2%), from €650,698 to €434,631
of which Trade receivables: -€128,648
- Debts after one year -€429,999
down €429,999 (-46.5%), from €925,014 to €495,014
of which Financial debts: -€403,525
- Short-term financial debts -€142,000
no longer reported in 2024 (was €142,000)
- Reserves +€113,075
up €113,075 (+61.6%), from €183,700 to €296,775
of which Tax-exempt reserves: +€113,075
- Other debts +€111,224
up €111,224 (+63.4%), from €175,379 to €286,603
- Profit (loss) carried forward +€98,789
up €98,789 (+53.5%), from €184,560 to €283,349
- Gross operating margin +€247,880
up €247,880 (+188%), from €132,008 to €379,887
- Depreciation +€34,293
up €34,293 (+227%), from €15,136 to €49,429
- Taxes +€17,207
new in 2024: €17,207
- Financial charges -€11,534
down €11,534 (-28.7%), from €40,129 to €28,595
of which Non-recurring financial charges: -€22,389
- Other operating charges -€8,552
down €8,552 (-39.2%), from €21,827 to €13,275
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,944,776 | €2,700,410 | -€244,367 | -8.3% |
| Fixed assets | 21/28 | €2,186,040 | €1,855,191 | -€330,849 | -15.1% |
| Tangible fixed assets | 22/27 | €1,562,405 | €1,231,556 | -€330,849 | -21.2% |
| Land and buildings | 22 | €1,562,405 | €1,231,556 | -€330,849 | -21.2% |
| Financial fixed assets | 28 | €623,635 | €623,635 | = | 0.0% |
| Current assets | 29/58 | €758,736 | €845,219 | +€86,482 | +11.4% |
| Amounts receivable after more than one year | 29 | €96,887 | €402,610 | +€305,723 | +316% |
| Trade receivables | 290 | €96,887 | €402,610 | +€305,723 | +316% |
| Amounts receivable within one year | 40/41 | €650,698 | €434,631 | -€216,066 | -33.2% |
| Trade receivables | 40 | €422,848 | €294,200 | -€128,648 | -30.4% |
| Other amounts receivable | 41 | €227,850 | €140,431 | -€87,419 | -38.4% |
| Cash at bank and in hand | 54/58 | €11,152 | €7,978 | -€3,174 | -28.5% |
| Total equity and liabilities | 10/49 | €2,944,776 | €2,700,410 | -€244,367 | -8.3% |
| Equity | 10/15 | €1,545,260 | €1,757,125 | +€211,865 | +13.7% |
| Contributions | 10/11 | €1,177,000 | €1,177,000 | = | 0.0% |
| Capital | 10 | €1,177,000 | €1,177,000 | = | 0.0% |
| Issued capital | 100 | €1,177,000 | €1,177,000 | = | 0.0% |
| Reserves | 13 | €183,700 | €296,775 | +€113,075 | +61.6% |
| Non-distributable reserves | 130/1 | €117,700 | €117,700 | = | 0.0% |
| Legal reserve | 130 | €117,700 | €117,700 | = | 0.0% |
| Tax-exempt reserves | 132 | €66,000 | €179,075 | +€113,075 | +171% |
| Profit (loss) carried forward | 14 | €184,560 | €283,349 | +€98,789 | +53.5% |
| Provisions and deferred taxes | 16 | - | €59,692 | +€59,692 | |
| Deferred taxes | 168 | - | €59,692 | +€59,692 | |
| Amounts payable | 17/49 | €1,399,516 | €883,594 | -€515,923 | -36.9% |
| Amounts payable after more than one year | 17 | €925,014 | €495,014 | -€429,999 | -46.5% |
| Financial debts | 170/4 | €840,674 | €437,149 | -€403,525 | -48.0% |
| Advances received on contracts in progress | 176 | €79,777 | €53,844 | -€25,932 | -32.5% |
| Other amounts payable | 178/9 | €4,563 | €4,021 | -€542 | -11.9% |
| Amounts payable within one year | 42/48 | €470,930 | €388,579 | -€82,350 | -17.5% |
| Current portion of amounts payable after more than one year | 42 | €49,306 | €52,102 | +€2,796 | +5.7% |
| Financial debts | 43 | €142,000 | - | -€142,000 | |
| Credit institutions | 430/8 | €142,000 | - | -€142,000 | |
| Trade debts | 44 | €93,577 | €17,757 | -€75,820 | -81.0% |
| Suppliers | 440/4 | €93,577 | €17,757 | -€75,820 | -81.0% |
| Taxes, remuneration and social security | 45 | €10,668 | €32,118 | +€21,449 | +201% |
| Taxes | 450/3 | €10,668 | €32,118 | +€21,449 | +201% |
| Other amounts payable | 47/48 | €175,379 | €286,603 | +€111,224 | +63.4% |
| Accrued charges and deferred income | 492/3 | €3,573 | - | -€3,573 | |
| Non-recurring operating income | 76A | €66,000 | €185,334 | +€119,334 | +181% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,136 | €49,429 | +€34,293 | +227% |
| Other operating charges | 640/8 | €21,827 | €13,275 | -€8,552 | -39.2% |
| Gross operating margin | 9900 | €132,008 | €379,887 | +€247,880 | +188% |
| Operating profit (loss) | 9901 | €95,045 | €317,184 | +€222,139 | +234% |
| Financial income | 75/76B | - | €174 | +€174 | |
| Recurring financial income | 75 | - | €174 | +€174 | |
| Financial charges | 65/66B | €40,129 | €28,595 | -€11,534 | -28.7% |
| Recurring financial charges | 65 | €17,740 | €28,595 | +€10,855 | +61.2% |
| Non-recurring financial charges | 66B | €22,389 | - | -€22,389 | |
| Profit (loss) for the period before taxes | 9903 | €54,916 | €288,763 | +€233,847 | +426% |
| Transfer from deferred taxes | 780 | - | €3,142 | +€3,142 | |
| Transfer to deferred taxes | 680 | - | €62,833 | +€62,833 | |
| Income taxes | 67/77 | - | €17,207 | +€17,207 | |
| Profit (loss) for the period | 9904 | €54,916 | €211,865 | +€156,949 | +286% |
| Transfer from tax-exempt reserves | 789 | - | €9,425 | +€9,425 | |
| Transfer to tax-exempt reserves | 689 | €66,000 | €122,500 | +€56,500 | +85.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,084 | €98,789 | +€109,873 |
Source: filed annual accounts (NBB), financial years ended 31 August 2023 and 31 August 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.